One of the most common investments that people purchase is a mutual fund. So the question is, what is a mutual fund? We’ll define mutual funds, provide an example of a good mutual fund choice, and also discuss what index funds. Then we’ll summarize with some brief takeaways. Definition: What are mutual funds? A mutual […]
Brokerage Account Guide: How to choose your investing account
The first step that you need to take to begin investing, is to open an investment brokerage account. An investment brokerage account is similar to a bank account but instead of simply holding cash in the account, you are able to use the money you deposit to purchase investments. Some banks offer brokerage services in […]
Investor Type: The most important investing choice
My previous post defined investing. The purpose of this post is to help you figure out your investor type. Finding out what type of investor you want to be, is the single most important step you have to take when becoming an investor. Sadly, most people never even consider investor type. The result is that after […]
